DHL Express to get Tk 250cr to expand operations
DHL Exhibit, the world's leading express mail company, will invest Tk 250 crore to create a new service for incoming and outgoing shipments on Bangladesh to cater to the growing demand for logistics products and services.
The offer is the main company's investment arrange for the Asia Pacific region, which is worth about $900 million.
From 2020 to 2022, DHL Exhibit Asia Pacific spent near $830 million on infrastructure advancement across key market segments in your community to improve the capacity and effectiveness of its operations.
Around $72 million was also focused on boosting the company's air network with fresh aircraft and routes.
The investment comes at a time when the airline industry has taken a major hit because of the reduced demand for passenger flights amid the ongoing coronavirus pandemic.
However, the oxygen cargo sector remains comparatively unharmed by simply the Covid-19 fallout.
With this investment, DHL Express Bangladesh will establish the brand new facility.
The facility, which is expected to open in March, 2022, provides about a 35 % increase in the company's shipment processing capacity.
"The facility will not only rise our current capacity, but provide the scope for additional growth," Md Miarul Haque, managing director of DHL Exhibit Bangladesh, told The Daily Celebrity yesterday.
"As we have been optimistic about the business enterprise outlook of Bangladesh, we generally invest prior to the curve in order that we happen to be better ready to support the country's economical growth," he added.
The managing director also said that DHL became the global head in its sector by investing in and implementing new technologies for greater efficiency.
The brand new state-of-the-art facility will accommodate the country's increasing volume of shipments, that is a consequence of organic economic growth, industry diversification and cross border e-commerce production, according to Haque.
The present day facility, which is positioned in the Kuril Bishwa road area in Dhaka, will meet global standards and all other security, efficiency and productivity requirements by minimising the errors which frequently occur at cramped facilities. The new addition will have the quantity of DHL services centres in the united states to six, which are pass on between Dhaka and Chattogram.
The express mail company accumulates shipments from a sender's doorstep before processing it at a service centre. This includes an intensive scanning with an explosive recognition program that meets EU reliability standards.
"You want to serve our buyers better and we anticipate growing as well as Bangladesh," Haque said.
These investments certainly are a testament to DHL's continued confidence in the region, according to Ken Lee CEO of DHL Express Asia Pacific.
"They happen to be crucial not only found in the near term as we be prepared to deal with an unusually good peak season, nonetheless it will make sure that we are well-positioned over time to hold global trade performing as e-commerce and cross-border trade grows," he said.
DHL Express commenced its journey in Bangladesh in 1979 as a primary subsidiary of Deutsche Content DHL Group, an international service portfolio comprising letter and parcel dispatch, express delivery, freight transfer, supply chain supervision and e-commerce solutions.
DHL Express is prepared for the historic 2020 peak period with an expected 30-40 % increase in shipment volume, according to a affirmation from the company.
DHL Exhibit currently has 23 dedicated aircraft found in its Asia Pacific fleet, which operates approximately 1,040 flights per day.
The company will be adding a new Airbus A330-300P2F to the fleet next February in addition to a new Boeing 737-800F in March.
Globally, the business has drastically increased the quantity of its daily flights.
This includes the addition of four new Boeing 777F wide-body aircraft to its international fleet with two more likely to be delivered the following month.
These six additional aircraft will permit DHL Express to handle more than 3,000 intercontinental flights each year.
